$1,325,000
●
House -
Off Market
2950 McGregor Boulevard
FORT MYERS, FL 33901
4 Beds
4 Baths,
1
Half Bath
3,102 Ft²
$7,603
Est. Monthly
1.98%
Cap Rate
About This Property
OPEN DAILY - OTHER FLOOR PLANS AND LOCATIONS AVAILABLE! Nestled on
historic McGregor Boulevard, Florida Lifestyle Homes' Royal Palm
Design offers an unparalleled blend of sophistication and comfort.
Boasting 4 Bedrooms + Den, 3.5 Bathrooms, a 3 Car Garage and an
impressive 3,102 square feet of thoughtfully designed living space,
this residence harmoniously combines modern luxury with timeless
elegance. This home provides a floorplan perfect for both personal
retreats and vibrant gatherings. This home is adorned with a
host of premium finishes that epitomize a commitment to quality
design and luxury living. The gourmet kitchen, equipped with
Kitchen-Aid stainless steel appliances, is a haven for culinary
enthusiasts. Features include: custom shaker cabinetry, quartz
countertops, oversized kitchen island, walk-in pantry, concrete
construction for lower insurance rates, impact-rated windows and
doors for peace of mind, 3 en-suites, dome ceilings, soaring 13+
foot ceilings and architectural details throughout, under truss
front porch and lanai, motion detection security system, wired for
surround sound and more! Optional Luxury Pool Packages Are
Available. Come see what your Florida dream home looks like
and please call today for your private tour!
Unit Size
3,102 Ft²
Days on Market
318 days
Land Size
0.43 acres
Price per sqft
$480
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1953
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (SWFLMLS #223063205)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2023 | Listed by Keller Williams Realty Fort Myers and the Islands | $1,490,000 | |
| Listed by Keller Williams Realty Fort Myers and the Islands | |||
| Jul 18, 2023 | No longer available | - | |
| No longer available | |||
| Apr 12, 2023 | Listed by FLH Realty LLC | $1,390,000 | |
| Listed by FLH Realty LLC | |||
| | |||
|
Rarely available new construction west of McGregor Blvd and only a 5 minute drive to the restaurants and shops of the Fort Myers River District! The Royal Palm is all about superior quality, craftsmanship and attention to detail. Situated on an oversized .43 acre lot, this gorgeous custom home by an award-winning builder will be finished with a sophisticated color palette and stylish designer finishes. The spacious Royal Palm floor plan is over 3,100 SF with 4 bedrooms + study, 3.5 baths, 3-car garage and plenty of room to expand, play or entertain in the backyard. Buyers will certainly be impressed by the high ceilings throughout and architectural ceiling details in the great room, owner's suite and the dome ceiling in the powder bath. The owner's suite is truly a retreat with a large bedroom, 2 closets, double sinks, make-up vanity, 3 backlit mirrors, soaking tub and beautifully tiled shower. The Royal Palm is concrete block construction being built according to or exceeding the most recent code guidelines. All windows and sliders are hurricane impact glass. Currently under construction, the Royal Palm estimated completion is September 2023. Please ask for a list of finishes. The manager has listed the unit size as 3102 square feet.
| |||
| May 6, 2021 | Sold | ||
| Sold | |||
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About Valencia Terrace
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Listed by: Laurie Johnstone, Keller Williams Realty Fort Myers and the Islands
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 223063205
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 223063205
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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